Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lafayette area can be challenging. Home prices in Lafayette are now at a median cost of $182,765, higher than the Iowa average of $182,666.
The average cost of rent is $641/mo in Lafayette, primarily driven by the current value of real estate in the Lafayette area. While nearly 35.73% of residents own their homes outright in Lafayette, 16.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lafayette is $7,115 per month. Households that rent pay about 9.00% of their income on rent here. Lafayette's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Alburnett, IA: equally priced homes
- Toddville, IA: higher priced homes
- Center Point, IA: equally priced homes
- Robins, IA: higher priced homes
- Troy Mills, IA: higher priced homes
- Hiawatha, IA: equally priced homes
- Palo, IA: higher priced homes
- Marion, IA: higher priced homes
- Central City, IA: equally priced homes
- Walker, IA: equally priced homes
Cities with Similar Populations
- North Mehoopany, PA: equally priced homes
- New Idaho, OR: higher priced homes
- New Jasper, OH: higher priced homes
- New Lisbon, NJ: higher priced homes
- New Prospect, WI: higher priced homes
- New Salem, IN: equally priced homes
- New Willard, TX: less expensive homes
- Newby, OK: less expensive homes
- Newtok, AK: less expensive homes
- Newville, WI: higher priced homes
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